Sony’s PlayStation to Receive NFTs?


NFT fans who were wondering “XBox or PlayStation?” The prospect of blockchain-based games on future Sony consoles has been the subject of much speculation thanks to a recently granted patent from the company’s console gaming business.

Sony Interactive’s application for a patent titled “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger” with a filing date of July 2021 has been published. The patent abstract describes the need for a device that “tracks digital assets linked with video games,” such as “in-game objects or characters.”

However, you shouldn’t put too much stock in a patent application alone. Last year, we hypothesized that Sony’s patent application for an ‘e-sports betting platform’ clearly cited future crypto integration and potential interaction with game consoles and VR/AR. 

The most recent registration was made in the middle of a bull market. Given the crypto market circumstances of the last year, it would not be surprising if the world’s largest gaming companies were delaying their maiden steps into the field.

While Sony as a whole is likely to be exploring crypto avenues, the likelihood of Sony Interactive (and subsidiaries like PlayStation specifically) moving in the near future is low; however, the gaming console market is relatively small, and this latest patent places PlayStation near the top of the list of potential gaming consoles to host NFTs or blockchain-related technology.

Also Read: Cardano’s Founder said on FTX that it would be a good idea to donate funds to certain politicians

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